We need a common regulator for pharma sector: Ficci chairman

Pankaj Patel said this would simplify the processes and improve ease of doing business

The pharmaceuticals and medical devices sector, which is currently governed by multiple regulators and ministries, needs a common regulator to simplify processes, said Federation of Indian Chambers of Commerce and Industry (Ficci) chairman here. 

Speaking at the sidelines of a seminar at the Vibrant Gujarat Global Summit here, Pankaj Patel, chairman and managing director of Cadila Healthcare and said that there was a need to simplify the regulatory processes governing the pharmaceutical sector.

"A common regulator for the entire sector covering drugs, medical devices and others would simplify the processes and improve ease of doing business," Patel who